0001683168-23-001256.txt : 20230302
0001683168-23-001256.hdr.sgml : 20230302
20230302182050
ACCESSION NUMBER: 0001683168-23-001256
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230228
FILED AS OF DATE: 20230302
DATE AS OF CHANGE: 20230302
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Patel Mital
CENTRAL INDEX KEY: 0001690084
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33307
FILM NUMBER: 23700812
MAIL ADDRESS:
STREET 1: 1510 COTNER AVENUE
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RadNet, Inc.
CENTRAL INDEX KEY: 0000790526
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071]
IRS NUMBER: 133326724
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1510 COTNER AVE
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
BUSINESS PHONE: 3104787808
MAIL ADDRESS:
STREET 1: 1510 COTNER AVE
CITY: LOS ANGELES
STATE: CA
ZIP: 90025
FORMER COMPANY:
FORMER CONFORMED NAME: PRIMEDEX HEALTH SYSTEMS INC
DATE OF NAME CHANGE: 19930518
FORMER COMPANY:
FORMER CONFORMED NAME: CCC FRANCHISING CORP
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
X0306
4
2023-02-28
0
0000790526
RadNet, Inc.
RDNT
0001690084
Patel Mital
C/O RADNET, INC.
1510 COTNER AVENUE
LOS ANGELES
CA
90025
0
1
0
0
EVP of Fin Planning, CAO
Restricted Stock Units
2023-02-28
4
A
0
2441
0
A
Common Stock
2441
2441
D
Employee Stock Option (right to buy)
29.44
2023-02-28
4
A
0
5319
0
A
2032-01-03
Common Stock
5319
5319
D
Each restricted stock unit ("RSU") represents a contingent right, upon vesting of the RSU, to receive one share of RDNT common stock and/or the cash equivalent of such share.
On January 4, 2022, the reporting person was granted a target number of 4,882 RSUs that vest upon (i) the achievement of certain performance criteria by the Issuer for fiscal year 2022, and (ii) satisfaction of time-based vesting conditions requiring the reporting person's continued service. As a result of the Issuer's performance for fiscal year 2022, 50% of the target number of RSUs vested as to the performance-based vesting requirements and, subject to the reporting person's continued service, such performance vested RSUs will vest as to the time-based vesting requirements in two equal annual installments on January 4, 2024 and January 4, 2025, respectively. The performance vesting conditions for the RSUs and the stock option were the same.
On January 4, 2022, the reporting person was granted a stock option to purchase 21,275 shares of Issuer common stock. The option vests upon (i) the achievement of certain performance criteria by the Issuer for fiscal year 2022, and (ii) satisfaction of time-based vesting conditions requiring the reporting person's continued service. As a result of the Issuer's performance for fiscal year 2022, 25% of the shares subject to the option vested as to the performance-based vesting requirements and, subject to the reporting person's continued service, such performance vested option shares will vest as to the time-based vesting requirements in three equal annual installments on January 4, 2024, January 4, 2025, and January 4, 2026, respectively. The performance vesting conditions for the RSUs and the stock option were the same.
/s/ Jose Gamez, Attorney-in-Fact
2023-03-02